<b>Format of Initial Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border=''1px''><tr> <td><b>Sr. No.</b></td> <td><b>Particulars</b></td> <td><b>Details</b></td> ....
SPAL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
S.P. Apparels Ltd has informed BSE and NSE that it does not qualify as a 'Large Corporate' as of 31st March 2025, based on the SEBI circular dated 26th November 2018 and the operational circular dated 10th August 2021. Because the company falls outside the Large Corporate threshold, it is exempt from filing the Initial Disclosure (Annex XII-A) for FY 2025-2026. It was also not a Large Corporate in FY 2024-2025, so the Annual Disclosure (Annex XII-B2) for that year is similarly not applicable. The letter is signed by the Company Secretary and CFO, dated 21st April 2025.
This is a routine compliance filing with no material impact on shareholders or stock price. It simply confirms the company is below the Large Corporate threshold, meaning no mandatory incremental debt-raising or disclosure obligations apply under this SEBI framework.